Industrial/Retail Space with Overhead
4621 NW 10TH ST OKLAHOMA CITY OK 73127-5919, Oklahoma City, OK 73127
For Sale
Contact for pricing
Versatile commercial space with I-2 zoning and multiple overhead doors.
Property Size14,850 SF
Price / SF$84.18
Days on Market2391
Property Features for 4621 NW 10TH ST OKLAHOMA CITY OK 73127-5919
General Information
Standard status
Size
Property subtype
Zoning
Lease Type
Building Details
Year Built
Stories
Tenancy
Listing Agency:
KW Commercial OK
Listed By:
Mark McKee
Source:
Crexi
Added: Apr 25, 2020
Changed: Nov 5
Last Checked: Nov 8 at 7:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial OK
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Investment Insights
Based on property information with market context.
This commercial property, zoned I-2, is suitable for a variety of uses including service businesses, garages, repair shops, and retail operations. The property features five overhead doors. The location is on the north side of NW 10th Street, west of Meridian at 4621 NW 10th Street. The property size is 14,850 square feet.
Key Highlights
- Zoned I‑2, allowing for a wide range of commercial and industrial uses.
- Features five overhead doors, facilitating easy access.
- Suitable for service business, garage, repair, or retail.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,281
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,805,620
$1.8M
Cap Rate 7%
$1,289,729
$1.3M
Cap Rate 9%
$1,003,122
$1.0M
Market Conditions
NOI Build-Up for 14,850 SF
Gross rent
$133.7K $9.00/SF
− Vacancy
−$4.7K −$0.32/SF
EGI
$129.0K $8.69/SF
− OpEx
−$38.7K −$2.61/SF
NOI
$90.3K $6.08/SF
Area
Oklahoma City, OK
Vacancy
3.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,805,620
Cap Rate 7%
$1,289,729
Cap Rate 9%
$1,003,122
Alternative Uses
Best Use
Retail
$4.19M
$3.66M – $4.89M
NOI $293,139 @ 7.0% cap · market cap 23.45%
Second Best
Industrial
$1.29M
$1.13M – $1.50M
NOI $90,281 @ 7.0% cap · market cap 7.22%
Theoretical Best
Specialty Retail
$5.08M
$4.44M – $5.93M
NOI $355,509 @ 7.0% cap · market cap 28.44%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
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Business Placement
Demographics for 73127, OK
27,007
Population
11,329
Households
2.4
Avg Household Size
32
Median Age
16%
College-Educated
76%
High-School Grad
11.3 sq mi
ZIP Area
2,390
Density / Sq Mi
$46,020
Median Household Income
$28,766
Median Earnings
$926
Median Rent
$139,200
Median Home Value
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Market
Average Price Trend$/SF for Industrial properties in Oklahoma City, OK
Properties on Market for Industrial properties in Oklahoma City
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Industrial property - Versatile commercial space with I-2 zoning and multiple overhead doors.
Where is this industrial property located?
The property is located at 4621 NW 10TH ST OKLAHOMA CITY OK 73127-5919 Oklahoma City, OK.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Zoned I‑2, allowing for a wide range of commercial and industrial uses.; Features five overhead doors, facilitating easy access.; Suitable for service business, garage, repair, or retail.
